HTC, one of the world’s leading smartphone companies, has stated its intention to join the crypto sphere by creating a new Android smartphone based on blockchain technology. The company first started manufacturing Android smartphones back in the 2000s, and now it wants to continue evolving.
The name of the device is HTC Exodus, and its creators claim that “world’s first native blockchain phone”. It comes with a universal native wallet on board and “a built-in secure hardware that will provide support for cryptocurrencies and decentralized applications (DApps)”.
HTC Exodus is going to be compatible with all most popular protocols, such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and others. The company plans to establish partnerships with even more networks in the future. The developers position the device as “a mobile connecting point to the world of decentralized networks” and also as a storage device capable of providing quick access to crypto.
Phil Chen will be responsible for the development of a new product. His previous project was HTC’s virtual reality headset Vive.
“I want to see a world where the end consumers can truly own their data (browsing history, identity, assets, wallets, emails, messaging, etc) without the need for central authorities. There is a lot of work ahead of us, but I believe the mobile hardware layer can contribute significantly to our new decentralized world,” said Chen.
There have been rumors that the first devices will be produced by the end of the year. Additionally, the customers will be available to purchase the new phones through cryptocurrency.